Monday Nov 18, 2013
Traders optimism has reached extreme levels and markets have been going up around the world since last Wednesday. The Fed has gotten itself in an " unprecedented" position. Right now the markets are thinking tht tapering may not occur till March next year.
Traders optimism has reached extreme levels and markets have been going up around the world since last Wednesday. The Fed has gotten itself in an " unprecedented" position. Right now the markets are thinking tht tapering may not occur till March next year.
By the end of December ( if not earlier) , the interest rates may start going up not because the Fed wants it but because the bond holders do not want to wait till the end. There are no SELL signals right now.
DJI
SPY
QQQ
IWM Not making new highs yet but can go to new highs
TZA
GLD
GDX
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